( ) -q-25- UNDATED (Correspondent Jeremy House) “and increased productivity.” After reporting dismal first-quarter sales, Tesla is planning to lay off about a tenth of its workforce as it tries to cut costs. [CutID: <Cuts> TESLA-LAYOFFS-house-q-MONpm.mp3 Time: 25s Title: TESLA-LAYOFFS-house-q-MONpm Out-cue: and increased productivity] TAG: Correspondent Jeremy House reporting. News of the layoffs was first […]
Audio
Several thousand Tesla employees will soon be seeing pink slips
( ) -q-25- UNDATED (Correspondent Jeremy House) “and increased productivity.”
After reporting dismal first-quarter sales, Tesla is planning to lay off about a tenth of its workforce as it tries to cut costs.
[CutID: <Cuts> TESLA-LAYOFFS-house-q-MONpm.mp3
Time: 25s
Title: TESLA-LAYOFFS-house-q-MONpm
Out-cue: and increased productivity]
TAG: Correspondent Jeremy House reporting. News of the layoffs was first reported by electric vehicle website Electrek.
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VERBATIM: CEO Elon Musk detailed the plans in a memo sent to employees. The layoffs could affect about 14,000 of the 140,473 workers employed by the Austin, Texas, company at the end of last year. Musk’s memo said that as Tesla prepares for its next phase of growth, it needs to look at every aspect of the company for cost cuts and increased productivity.